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Active · Multi-Family

2540 1ST AVENUE

ST PETERSBURG, FL 33713

Beds
3 beds
Baths
6 baths
Area
2,965 sqft
Multi-FamilyBuilt 20252,000 sqft lot2-car garageCentral, Electric, Exhaust FanCentral Air, Mini-Split Unit(s)$470/sqftListed today

About this home

Unlock a high-yield, multi-stream investment strategy in the heart of the Grand Central District. Clemmons Court introduces a revolutionary "Live-Work-Earn" model that caters to the modern professional and the portfolio-minded investor alike. Situated in a coveted Non-Flood Zone (Zone X) and Non-Evacuation Zone, this newly built city retreat offers 2,965 total square feet of thoughtful design and unmatched versatility. The primary residence is a sleek 2,050 sq ft home featuring three bedrooms, 3.5 bathrooms, engineered hardwood floors, marble finishes, and custom wood cabinetry. But the real draw lies in the TWO DISTINCT PASSIVE INCOME PLAYS BUILT DIRECTLY built directly into the site plan: INVESTMENT STREAM 1: Capitalize on the 538 sq ft ground-floor commercial retail space. With a private entrance on First Avenue N and its own half-bath, it’s a turnkey opportunity for a boutique storefront, a high-end personal office, or a steady commercial lease. INVESTMENT STREAM 2: The property includes a detached two-car garage topped by a 377 sq ft Accessory Dwelling Unit (ADU). This self-contained suite—complete with a full kitchen, bathroom, and walk-in closet—is a ready-to-go rental engine or guest house. Whether you occupy the main house and let the retail and ADU units cover your mortgage, OR LEASE ALL THREE COMPONENTS for a triple-threat ROI, the math works. The four single-family homes of Clemmons Court encircle a private, European-style courtyard, offering a quiet escape just steps from the high-energy pulse of St. Pete. You’re perfectly positioned near the city's most talked-about spots: grab coffee at Bandit, dinner at Mythos, or drinks at WildChild. This is a rare chance to own a piece of a limited-edition community designed for the future of urban living. September 2026 delivery. Maximize your portfolio with a property that works as hard as you do.

Facts & features

Interior

Bedrooms
3
Bathrooms
6
Living area
2,965 sqft
Heating
Central, Electric, Exhaust Fan
Cooling
Central Air, Mini-Split Unit(s)
Flooring
Hardwood, Tile
Features
Ceiling Fans(s), Eat-in Kitchen, High Ceilings, Kitchen/Family Room Combo, PrimaryBedroom Upstairs, Solid Wood Cabinets…

Exterior & lot

Lot size
2,000 sqft (0.04 ac)
Roof
Shingle
Construction
HardiPlank Type, Frame
Exterior
Balcony, Fence, Lighting, Private Entrance, Rain Gutters, Sidewalk

Parking

Garage
2 spaces

Financial

HOA dues
$175 / monthly
Annual tax
$7,899 (2025)
Price / sqft
$470/sqft

Utilities

Water
Public
Sewer
Public Sewer
Utilities
BB/HS Internet Available, Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities

Property

Property type
Multi-Family
Year built
2025
Subdivision
CLEMMONS COURT
County
Pinellas

Listing

Status
Active
Days on market
Today
MLS #
MFR802966111
Source
Stellar MLS

Listed by Tess Mullinax · COMPASS FLORIDA LLC

Listing data provided by Stellar MLS. Information deemed reliable but not guaranteed.

RRENA ValiQRENA ValiQ is an estimated value, blended from public sale comps, neighbourhood trend and this listing’s own metrics. It is a reference, not a guaranteed or asking price. The final number moves on diligence, terms and timing.Estimate

Sample estimate — not an appraisal

$1.35M
−3.4% vs asking
$1.26M low$1.43M high

Based on 22 comparable sales within 1 mile of ST PETERSBURG, FL, this home is priced over RENA ValiQ.

Reference only. Estimates blend public sale comps, neighbourhood trend and the listing’s own metrics. Final price moves on diligence, terms and timing — RENA is your second read, not your agent.

Estimate your monthly cost

PITI + HOA
Estimated monthly payment$8,079/mo
Principal & interest
$7,046/mo
Property tax
$658/mo
Home insurance
$200/mo
HOA dues
$175/mo

Opens at 20% down over 30 years at 6.5%, the same assumptions as the answers below. Property tax is this listing's own bill; insurance is left out until you enter a quote, because Florida premiums turn on roof age, elevation and carrier. Every field is editable.

Ask about this property

Answered from this listing’s own figures and the sales around it.

Price history

From the property’s MLS record.

DateEventPriceChange
Aug 17, 2026Listed$1,393,500

NeighbourhoodSample data

Reference scores for ST PETERSBURG, FL. Schools, mobility and amenities feed live data once the dedicated provider connection lands.

Walk Score
72/ 100
Very walkable
Transit Score
26/ 100
Some transit
Bike Score
63/ 100
Bikeable
Elementary school
Not listed
Not named in the MLS record for this home
Middle school
Not listed
Not named in the MLS record for this home
High school
Not listed
Not named in the MLS record for this home

Location

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